CleanSpark Inc (CLSK)

[pcjockey]

8K filed

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 7, 2020, CleanSpark, Inc., a Nevada corporation (the “Company”) executed that certain first amendment to 2017 Equity Incentive Plan to increase its option pool from 300,000 to 1,500,000 shares of common stock (the “Plan Amendment”).

The approval of the Plan Amendment was previously granted by the board of directors of the Company and its stockholders and notice of such action was provided to the Company’s stockholders in a Definitive Information Statement on Schedule 14C filed with the Commission on July 28, 2020. A copy of the Plan Amendment was filed as Appendix B thereto and is attached hereto as Exhibit 10.1 and incorporated by reference herein.

Item 5.03 Amendments to Articles of Incorporation of Bylaws; Change in Fiscal Year.

On October 2, 2020, the Company filed a Certificate of Amendment to its Articles of Incorporation with the Nevada Secretary of State to increase its authorized shares of common stock to 35,000,000.

The approval of the authorized share increase was previously granted by the board of directors of the Company and its stockholders and notice of such action was provided to the Company’s stockholders in a Definitive Information Statement on Schedule 14C filed with the Commission on July 28, 2020. A copy of the Certificate of Amendment was filed as Appendix A thereto and is attached hereto as Exhibit 3.1 and incorporated by reference herein.


https://sec.report/Document/0001663577-20-000366/0001663577-20-000366.txt